www.champlainhousingtrust.org NEWS RELEASE NEWS RELEASE NEWS RELEASE NEWS RELEASE NEWS RELEASE www.getahome.org FOR IMMEDIATE RELEASE Monday, July 28, 2008 CENTRAL OFFICE Contact: Chris Donnelly, Director of Community Relations PO Box 523 179 South Winooski Avenue 802.864.2644 direct Burlington, Vermont 05402 802.310.0623 cell Phone 802.862.6244 Fax 802.862.5054
[email protected] TDD 802.864.2526 • Champlain Housing Trust Wins World Habitat Award PROPERTY MANAGEMENT Innovative, sustainable community land trust promoted as a global model 220 Riverside Avenue, Suite 1 Burlington, Vermont 05401 Phone 802.863.5248 BURLINGTON, VT – The Champlain Housing Trust announced today that UN Fax 802.864.0734 HABITAT will present the organization with a World Habitat Award at their global celebration of World Habitat Day. This year the celebration will take • place in Luanda, Angola on October 6th. FRANKLIN-GRAND ISLE 48 Lower Newton Street, Suite 2 Champlain Housing Trust Board and staff, flanked by Senator Bernie Sanders St. Albans, Vermont 05478 Phone 802.527.2361 (I-VT), Representative Peter Welch (D-VT), current and former Burlington Fax 802.527.2373 Mayors Bob Kiss and Peter Clavelle, Sarah Carpenter of VHFA and Gus Seelig of the Vermont Housing and Conservation Board, made the announcement today in front of a crowd on North Winooski Avenue in Burlington. The Champlain Housing Trust, then known as the Burlington Community Land Trust, was initiated by the City of Burlington in 1984 as an experiment in slowing gentrification of urban neighborhoods and providing housing opportunity for low and moderate income households. The innovative shared- equity program of homeownership developed at this time, where owners share the market appreciation of their homes with the next buyers when they sell, has been replicated through the country and in other parts of the world.